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Philippines to extend rice import moratorium, hike tariff

MANILA, Philippines — The government is set to extend the moratorium on rice importation and raise tariffs on imported grains to help stabilize palay (unmilled rice) prices at the peak of harvest season. President Marcos has directed the Department of Agriculture (DA) to prepare the necessary orders to extend the import freeze, according to Agriculture Secretary

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WTO says end of China’s special status aids fair trade

GENEVA, Switzerland — The World Trade Organization hailed Wednesday Beijing’s decision to no longer seek new special treatment in future WTO talks, calling it a step towards a more equitable global trading system. “This is a pivotal moment for the WTO,” organization chief Ngozi Okonjo-Iweala said in a statement. “China’s decision reflects a commitment to a

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Coconut exports seen to grow 15%

MANILA, Philippines — Amid fluctuating prices, revenues from coconut exports are projected to reach up to $3 billion in 2026 because of the expected increase in production and steady demand. This is according to the United Coconut Association of the Philippines Inc. (UCAP), whose forecast represents a 15.4 percent increase from its 2025 estimate of $2.6

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Lua, Carpio grab division set pace at Summit Point

Julia Lua of La Salle-1 and Emilio Carpio of UP-1 navigated the rain-softened Summit Point layout in Batangas well on Wednesday, zooming to the lead in their respective divisions, which also helped their sides to positions to win the team event. Lua returned an 11-over-par 83 over a course that played much longer, taking an